Government waives late fee for delayed GST filings

The Central Board of Indirect Taxes and Customs (CBIC) Thursday announced a waiver of late fees for delayed filings of reconciliation statements and annual returns for the financial years 2017-18 to 2022-23.

To avail this waiver, taxpayers must file reconciliation statement Form GSTR-9C on or before March 31, 2025, CBIC said in a late night notification.

Additionally, no refund will be provided for any late fees already paid for the delayed furnishing of GSTR-9C for these financial years, the notification said.

This move is expected to bring relief to taxpayers who have delayed filing reconciliation statements in the past. The government's decision is seen as a step towards easing the compliance burden on taxpayers and promoting voluntary compliance.